"Bloom Energy (BE) Faces Stock Plunge and CFO Departure After Q4 Earnings Miss"

Bloom Energy Corporation (NYSE:BE) reported a Q4 2023 EPS of $0.07, missing expectations of $0.08, and discussed its financial performance, forward-looking statements, and innovative product offerings during its earnings call. The company achieved profitability in 2023 and aims to increase profitability in 2024, with a focus on data centers, AI data centers, and other energy-intensive industries. Bloom Energy also highlighted its innovative product offerings, international market expansion, and strong financial performance, including record revenue, improved margins, and a backlog of over $12 billion. The company's CFO, Greg Cameron, provided insights into the company's performance, targets for 2024, and his departure from Bloom Energy.
- Bloom Energy Corporation (NYSE:BE) Q4 2023 Earnings Call Transcript Yahoo Finance
- Bloom Energy (BE) Q4 Earnings and Revenues Lag Estimates Yahoo Finance
- Bloom Energy (NYSE:BE) Plunges As Q4 Results Miss the Mark, CFO Departs - TipRanks.com TipRanks
- Bloom Energy plunges as Q4 miss, weak full-year forecast prompt downgrades (NYSE:BE) Seeking Alpha
- Bloom Energy Stock Sinks After Earnings. What’s Behind the Move. Barron's
Reading Insights
0
1
16 min
vs 17 min read
97%
3,370 → 103 words
Want the full story? Read the original article
Read on Yahoo Finance